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Prime costs for Teagans Toys to produce ping pong nets for table tops are: Actual materials purchases 320,000 pounds for $1,DIRECT-LABOR PRICE AND QUANTITY VARIANCES ACTUAL LABOR COST STANDARD LABOR COST Actual Actual Standard Standard Standard Hou

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Teagans Toys Explanation MPV = (SP-AP) * AQ purchased MPV = (3.6 - 3.88) * 320000 = $ 89600 ( unfavourable) 3.6 DM price and

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